eGaming leaders in optimistic mood at KPMG Gibraltar eSummit

Over 300 delegates gathered to learn more about the future for eGaming and blockchain in Gibraltar at the 8th KPMG eSummit which took place on the Sunborn Yacht last week.

An annual highlight for all those associated with the eGaming industry in Gibraltar, this year’s event also brought in those working to position Gibraltar as an emerging Fintech hub, with an impressive array of expert speakers who provided the latest insights into a variety of hot topics. These included Brexit, the evolving regulatory landscape with particular reference to distributed ledger technology (DLT) and tokens, the potential repeal of PASPA in the US, protecting vulnerable customers, market developments, and the outlook for the industry and jurisdiction.

After a welcome from KPMG’s Micky Swindale, founder of the eSummit events, the conference was opened by Gibraltar’s Minister for Commerce, the Hon. Albert Isola, who was upbeat in his assessment that “the eGaming industry in Gibraltar remains in excellent health and order”. Minister Isola observed that both new and established providers continue to apply for licenses and that over 3,250 people are directly employed by the industry in Gibraltar, with half as many again employed in support services.

Whilst acknowledging that Brexit has created uncertainty, it was clear, he said, that progress was being made with the UK Government to “square the circles”, adding that “only Gibraltar has guaranteed access to UK markets post Brexit”.